Global Crossing's License in Mexico Expanded to Include Long Distance Voice Services

Global Crossing
(Nasdaq: GLBC) announced today that the Mexican Ministry of Communications and
Transportation has granted its Mexican subsidiary, Global Crossing Landing
Mexicana, S. de R.L. ("GCLM"), an amendment to its public telecommunications
network concession, allowing it to provide voice services in Mexico. The
company will now be permitted to sell voice services directly to Mexican-based
businesses and carriers. The new services will enhance Global Crossing's
portfolio of products for new and existing customers in the country. Global
Crossing has been providing data services in Mexico since 1999.
"Global Crossing's IP network already provides Mexican businesses with
top-quality data services, and we're delighted to offer voice as well,"
commented Jose Antonio Rios, chief administrative officer and international
president of Global Crossing. "Mexico is a key market for Global Crossing,
and we're committed to serving our Mexican customers with our state-of-the-art
network and product portfolio."
"Mexican businesses are looking forward to accessing all of the benefits
voice over IP has to offer," said Adrian Gonzalez, managing director of Global
Crossing Landing Mexicana. "I'm pleased that we now have the license to offer
technology such as VoIP at a local level."
Global Crossing's significant Mexican operations are headquartered in
Mexico City, with a terrestrial network connecting Mexico City, Monterrey,
Guadalajara and Mazatlan. Through its subsea system, Global Crossing connects
facilities in Tijuana and the rest of its global network, delivering services
to 500 cities in 50 countries around the world.

ABOUT GLOBAL CROSSING
Global Crossing (Nasdaq: GLBC) provides telecommunications solutions over
the world's first integrated global IP-based network. Its core network
connects more than 300 cities and 30 countries worldwide, and delivers
services to more than 500 major cities, 50 countries and 6 continents around
the globe. The company's global sales and support model matches the network
footprint and, like the network, delivers a consistent customer experience
worldwide.
Global Crossing IP services are global in scale, linking the world's
enterprises, governments and carriers with customers, employees and partners
worldwide in a secure environment that is ideally suited for IP-based business
applications, allowing e-commerce to thrive. The company offers a full range
of managed data and voice products including Global Crossing IP VPN Service,
Global Crossing Managed Services and Global Crossing VoIP services, to more
than 40 percent of the Fortune 500, as well as 700 carriers, mobile operators
and ISPs.
Please visit http://www.globalcrossing.com for more information about Global
Crossing.

Statements made in this press release that state Global Crossing's
intentions, beliefs, expectations, or predictions for the future are forward-
looking statements. These statements contain words such as "anticipate,"
"estimate," "expect," "project," "intend," "plan," "believe," "will," "seek,"
or similar expressions. Such statements are subject to known and unknown
risks, uncertainties and other factors that could cause the actual results to
differ materially from those contemplated by the statements, including the
conditioning of the company's continued listing on the NASDAQ National Market
on its timely filing with the SEC of all periodic reports for all reporting
periods ending on or prior to September 30, 2005; the company's history of
substantial operating losses and the fact that, in the near term, funds from
operations will not satisfy cash requirements; legal and contractual
restrictions on the payment of dividends and the inter-company transfer of
funds by the company's subsidiaries, including restrictions under the senior
secured notes indenture applicable to Global Crossing (UK) Telecommunications
Limited ("GCUK"); the likelihood that the prices the company charges for its
services will continue to decrease; the company's ability to continue to
connect its network to incumbent carriers' networks or maintain Internet
peering arrangements on favorable terms; the success of the company's business
realignment plan and the realization of anticipated cost savings; the
consequences of any inadvertent violation of the company's Network Security
Agreement with the U.S. Government; the impact of actual and potential
customers' bankruptcies on the company's sales prospects and results of
operations; increased competition and pricing pressures resulting from
technology advances and regulatory changes; competitive disadvantages relative
to competitors with superior resources; the impact on the company's
competitiveness of its technology choices; the company's dependence on third
parties for many functions; political, legal and other risks due to the
company's substantial international operations; risks arising out of the
company's material weaknesses in internal controls and possible difficulties
and delays in improving such controls; the concentration of GCUK's revenue in
a limited number of customers, and the rights of such customers to terminate
their contracts or to simply cease purchasing services thereunder; and other
risks referenced from time to time in the company's filings with the
Securities and Exchange Commission. The company undertakes no duty to update
information contained in this press release or in other public disclosures at
any time.

CONTACT GLOBAL CROSSING:
Press Contact
Kendra Langlie
+1 305 808 5912
LatAmPR@globalcrossing.com

Analysts/Investors Contact
Laurinda Pang
+1 800 836 0342
glbc@globalcrossing.com

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